India’s exports to the United States, the Netherlands, Singapore, Hong Kong, the United Kingdom, Belgium and Germany increased.
Tiruppur:
The country’s total commodity export trade value has reached Rs 31.35 lakh crore in the financial year 2021-22.
Sakthivel, President, Exporters Association of India (PIO), Tiruppur, said:
During the last 2021-22 financial year, the country exported engineering products, petroleum, gems, jewelery, chemicals, cotton yarn, textiles and handlooms.
India’s exports to the United States, the Netherlands, Singapore, Hong Kong, the United Kingdom, Belgium and Germany increased. New trade agreements, federal concessions, have given impetus to the country’s export sector.
Prime Minister Modi has set a target of Rs 30 lakh crore for the country’s total commodity exports in the last 2021-22 financial year. We have surpassed this target in just 11 months of the financial year. Export trade also performed well last March.
Total exports for the financial year reached Rs 31 lakh 35 thousand crore. In the coming financial years, the hope is born that the export trade will be more record-breaking. Thus he said.
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